Nigeria vs Chinese Company: Lawyer Digs Up 2 Root Causes
- Nigeria's presidential jets and other assets being seized by a Chinese firm have continued to generate reactions from concerned Nigerians
- Recall that Gbenga Daniel's government in Ogun state entered a deal with the firm, which his successor, Ibikunle Amosun, terminated, and this led to the legal battle
- Oladotun Hassan, a legal practitioner who spoke with Legit.ng on the matter, identified two root causes of such development
Oladotun Hassan, a legal practitioner, has commented on the seizure of Nigeria's national assets, including presidential jets, by a Chinese firm, Zhongshan Fucheng Industrial Investment Company Limited, following a breach of an agreement between the company and the Ogun state government.
The Chinese firm entered into the deal with Gbenga Daniel's administration in the state, but his successor, Ibikunle Amosun, terminated it.
Source: Twitter
How Chinese firm seizes Nigeria's national assets
While the firm has tried to retrieve its rights in several courts in Nigeria, it has failed. However, it has secured a judgment to seize some of Nigeria's assets in at least three countries.
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The Chinese firm had announced its openness to negotiations with the Nigerian government, but the former governors involved in the deal disagreed over the company's claims.
Amosun warned Nigeria against negotiating with the Chinese firm, describing it as a fraudulent organisation and vowed to defend his actions at any time. On the other hand, Daniel promised to provide the necessary documents for Nigeria to reclaim the seized assets.
Lawyer reacts to seizure of Nigeria's presidential jets
Reacting to the development in an exclusive interview with Legit.ng Barrister Hassan identified failure to service the contract and a lack of continuity of governance in Nigeria.
His comment reads:
"In international trading, there are contracts that need to be serviced, but because of the laxity in our government, most contracts are not being serviced as they should be. Lack of continuation in government is part of the root cause of the issue of contracts, especially with international bodies.
"For any contract to be sealed by the government, the accountant general of the federation and minister of finance must be aware, but that is not the case in our country. The government should be encouraged to check records of past administrations so that it can continue where their work stopped."
Peter Obi reacts to Nigeria's new presidential jet
Legit.ng earlier reported that Peter Obi of the Labour Party demanded accountability and transparency amid the controversies about the new presidential jet.
Obi asked the President Bola Tinubu-led government to disclose the price of the new presidential jet and other details surrounding it.
The former Anambra governor also demanded the state and conditions of the former one the government was planning to dispose of.
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Source: Legit.ng
Bada Yusuf (Politics and Current Affairs Editor) Yusuf Amoo Bada is an accomplished politics and current affairs editor, boasting over 7 years of experience in journalism and writing. He is a graduate of OAU, and holds Diploma in Mass Comm. and BA in Literature in English. He has obtained certificates in Leadership and received the "Certificate for Breakthrough of the Year 2022" in recognition of his great performance during his first year at Legit.ng. Worked as Editor with OperaNews. Contact: bada.yusuf.amoo@corp.legit.ng or call 08161717844
Barrister Oladotun Hassan (Public Affairs analyst) Barrister Oladotun Hassan, a Public Affairs analyst, is the secretary of the Nigerian Bar Association, Epe Branch. He is also the executive project director of Lawyers for Reform Group. Barrister Hassan is a member of the Section for Public Interest and Development Law (SPIDEL), the NBA Security Agencies Relations Committee. He is the president of the Nigerian Youths Coalition, secretary general of Nigeria Ethnic Nationalities Youth Leaders Council, and president of the Yoruba Council Worldwide.
